Res 1333 8/15/1972RESOLUTION NO. 4..41J
WHEREAS, by the adoption of Resolution No. 1058, the Board of
Aldermen of the City of Wichita Falls has heretofore found that it is nec-
essary to acquire the property hereinafter described for construction of the
Kell Freeway, Project 52-071 , and approved the appraised value of such pro-
perty; and ,
WHEREAS, the appraisal of such property has now been updated by the
independent appraiser employed by the Texas State Highway Department to re-
flect present market prices, and this updated appraisal has been approved by
the Texas State Highway Department and has been studied by the Board of Alder-
men, and a copy of same is now in the possession of the Director of Public
Works and/or Assistant City Manager.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
Section No. L The project and property to be purchased by Warranty
Deed is as follows:
Kell Freeway, Project 52-071
Warranty Deed
1700. s. f. of Lot 4, Block 67
Southland Addition
Combined total of value approved in this resolution 3,000.00
Section No. 2 The updated value of such property is hereby approved
and the City Manager is hereby authorized to purchase in the name of the Texas
State Highway Department , or the City of Wichita Falls, by Warranty Deed, such
tract of land as shown on the project right-of-way map. The authorized price
to he paid for such tract is the state approved value as determined from the
updated appraisal (rather than the original appraisal approved by the resolu-
tion set out above) made by the independent real estate appraiser employed by
the Texas State Highway Department.
Section No. 3 In the event the City Manager is unable to purchase
such tract for such approved updated value, he is hereby authorized and direct-
ed to cause to be instituted condemnation proceedings to obtain such tract in
the name of the Texas State Highway Department or the City of Wichita Falls.
PASSED AND APPROVED THIS THE 15th DAY OF August_1972
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4/4L;447A)1
MA YOR'
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ATTEST:
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